SADOH Consulting Inc.
News from INSEAD
“A consistent picture emerges from lists of top CEOs. In HBR’s Best-Performing CEOs ranking, Pablo Isla of Inditex, the parent company of Zara, Ajay Banga of Mastercard and Bernard Arnault of LVMH stand out for both performance and longevity. Between the three of them, these CEOs have served for 50 years marked by strong performance.
“While the average tenure of HBR’s global top 100 CEOs is 17 years, the average tenure of S&P 500 CEOs is now around five years, a drop of 20 percent since 2013. Most such leaders tend to fail or get pushed out of the job long before the likes of the global top 100 even start to wobble. Long-lasting iconic leaders are the exception rather than the rule.”
What Great Entrepreneurs, Salespeople, And Business Leaders Have In Common
News from University of Chicago Booth School of Business
“Successful entrepreneurs are good at sales, even when they have no previous experience or formal training. Timothy Butler, a senior fellow at Harvard and cofounder of the career self-assessment company CareerLeader, found evidence to support this stereotype while analyzing psychological-testing results of more than 4,000 successful entrepreneurs and comparing them to those of 1,800 business leaders. Butler assessed successful entrepreneurs on leadership dimensions rather than entrepreneurial characteristics, and he has company: a growing body of research is uncovering overlap as well as critical differences between highly effective entrepreneurs, salespeople, and leaders.
“Let’s start with Butler’s work, which focuses on 41 dimensions of leadership developed through years of research at CareerLeader with cofounder James Waldroop. Their model looks at leaders’ traits, skills, and interests — placing interests rather than competency at the center of career development. In this context, an analysis Butler did using self-assessment and data from 360 reviews finds that on 28 of the 41 dimensions, successful entrepreneurs looked basically the same as other business leaders.”
A Haas student has sued the UC regents. Daily Cal photo
Student Sues UC Regents For ‘Life-Altering Injuries’ After Accident In Chou Hall
News from UC-Berkeley Haas School of Business
“Raja Riahi, a student at the UC Berkeley Haas School of Business, filed a lawsuit against the UC Board of Regents, Peninsulators Inc. and Vance Brown Builders Inc., on the grounds of ‘dangerous condition of public property’ and ‘negligence.’
“Riahi was struck in the head by a large metal beam on Feb. 4 while adjusting blinds attached to a window covering in Room 314 of Connie and Kevin Chou Hall. The lawsuit was filed at the Alameda County Superior Courthouse.
“'(Riahi) wasn’t doing anything wrong. … It’s profound how much his life has changed,’ said Katie McIver, Riahi’s attorney.”
Resources For URMs — 5 Things You Should Know
News from Vanderbilt University Owen Graduate School of Management
Consuela Knox
“Under-represented minorities (URMs) — a group traditionally comprising African Americans, American Indians/Alaskan Natives, Native Hawaiians/Other Pacific Islanders, and Latinxs — currently make up 30% of the U.S. population and are projected to account for more than 40% by 2050.
“Business schools, eager to provide opportunity and build diverse student bodies and communities, are extremely deliberate in their pursuit of URM candidates, offering a variety of tools and support to attract a diverse pool of applicants. Moreover, there are many school-agnostic resources available through independent organizations.”
Could Costly Housing Bring Down Superstar Cities?
News from UCLA Anderson School of Management
“With median home values that are six times the national average, San Francisco and Manhattan are textbook superstar cities, the moniker ascribed to economically robust metro areas where strong housing demand collides with limited supply growth to push prices skyward.
“Superstar cities have always been expensive, but growing income inequality adds a newer wrinkle. The battle for limited housing supply is increasingly becoming a faceoff among the wealthy. Less-flush colleagues a few rungs down the org chart, the service sector employees that make their city hum, and the public safety workers who make it function are effectively priced out.”
Gem McCreary, founder and CEO of Talento Total, is a West Point alum, U.S. Army veteran combat helicopter pilot, and University of Chicago Booth School of Business MBA who lives in Bogotá, Colombia. Photo by Loren Moss
Through MBA Pipeline Strategy, Nonprofit Aims To Empower Black & Indigenous Business Leaders In Colombia
News from Chicago Booth
“TalentoTotal intends to increase diversity among the business leaders in Colombia by helping black and indigenous people pursue graduate programs abroad.
“The nonprofit organization, which recently hosted an International Business Leadership Forum in Medellín, offers a rigorous eight-month program that outlines a professional roadmap for students to get into top schools in the United States and a world-class support network.
“Specifically, the organization provides what it calls a ‘TotalMBA Prep Program’ that will help prospective applicants strengthen their professional profiles and score well on key tests like the Graduate Management Admissions Test (GMAT) or Graduate Record Examinations (GRE). And by working closely with the private sector, governmental agencies, higher education institutions, and non-governmental organizations across the Americas, TalentoTotal believes it can make a difference not just in Colombia but in Brazil — and eventually other countries in Latin America.”
The 10-Point Stress Audit
News from INSEAD
“A certain amount of stress is needed for us to function effectively. Stress is very much a part of the human condition. We all face disappointments, setbacks, losses and pain. But to live a rich and meaningful life, we must learn to deal in a constructive way with life’s challenges.
“Stress evolved as our body’s reaction to harmful and threatening situations. Perceived dangers subject us to a rush of hormones and brain chemicals that trigger a ‘fight or flight’ response — a feature that undoubtedly helped our ancestors react to physical threats such as sabre-toothed tigers. Nowadays, while positive stress can help keep us focused and alert, negative stress takes over when we face continuous challenges without reprieve.”
Attracting Early Adopters: Best Way To Overcome Consumer Resistance To Innovative Products
News from UCLA Anderson
“Consumers have grown accustomed to a steady stream of novel goods and services — smart televisions, contactless payments, ride-sharing from Uber and Lyft. Still, such innovations often can be a hard sell. They require buyers to give up old habits and to master new ways of doing things. Even when an innovation offers obvious benefit, getting people to try it means overcoming deep-seated psychological resistance to novelty and change.
“How can a company break through? One way is to help consumers become more familiar with a new product through advertising, promotions such as free trials, or showrooms where customers can gain hands-on experience with unfamiliar products (think: Apple Stores).”
Indra Nooyi speaking with Prof. Amy Wrzesniewski at Yale SOM in 2016. Yale SOM photo
Indra Nooyi, Yale ’80, Concludes ‘Compelling and Consequential’ Tenure Leading PepsiCo
News from Yale SOM
“This fall, Indra Nooyi ’80, a longtime advisor, supporter, and champion of Yale SOM, will step down as CEO of PepsiCo after 12 years of leading the global food and beverage company. A few months later, she will step down as the company’s chairman.
“Under Nooyi’s leadership, PepsiCo’s annual revenue nearly doubled. She launched the Performance with Purpose initiative, incorporating the company’s impact on health, society, and the environment into its strategy. Healthier foods now make up half of the company’s portfolio, up from 38% at the time of Nooyi’s appointment as CEO.”
Switching Into A Healthcare Career: What You Need To Know
News from Vanderbilt Owen
“Healthcare careers attract people with a desire to make a difference and with the variety of available job functions. Whether you’ve worked in healthcare before or not, getting your MBA is a great way to make the transition to the business side of the industry.
“We talked to Emily Anderson, Director of the Career Management Center, and Amanda Fend, Senior Associate Director and Coach at the Career Management Center, to find out everything you need to learn before you switch into a healthcare career with an MBA.”
DON’T MISS LAST WEEK’ NEWS- AND DATA-FILLED B-SCHOOL BULLETIN
The post B-School Bulletin: Six Reasons CEOs Fail appeared first on Poets&Quants.
from Poets&Quants
via IFTTT
No comments:
Post a Comment